The Shanghai Connection...

The Hindu : Business / Companies : Infosys to open new campus in Shanghai: "The country’s second largest software exporter Infosys on Saturday said it plans to invest between $125-150 million in its new campus in Shanghai, China.

“Infosys plans to invest between $125-150 million in the new campus, one of the largest investments in China by a software company,” the company said in a statement.

Infosys on Saturday laid the foundation stone for the new campus, which will be spread over 15 acres and will be developed over a period of three years.

With an overall seating capacity for 8,000 employees, the campus will have facilities for software development, labs, data centres, training facilities, food courts, a 1,500-seater auditorium, gym, and other recreational facilities.

The Shanghai campus will be the largest overseas software development centre of Infosys adhering to the highest environmental standards, it said.

“As the second largest economy in the world, China will lead the world in economic growth in the future and we see exciting times ahead. This large investment is a testimony to Infosys’ commitment to China,” Infosys chief mentor and chairman of the board N.R. Narayana Murthy said."